GEGI (Genesis Electronics Group) Total Liabilities: $2.61 Mil (As of Jun. 2023)


What is Genesis Electronics Group Total Liabilities?

Genesis Electronics Group GEGI -99.00% Total Liabilities is $2.61 Mil as of Jun. 2023.

Genesis Electronics Group's Total Liabilities for the quarter that ended in Jun. 2023 was $2.61 Mil.

Genesis Electronics Group's quarterly Total Liabilities declined from Jun. 2011 ($1.35 Mil) to Jun. 2022 ($0.00 Mil) but then increased from Jun. 2022 ($0.00 Mil) to Jun. 2023 ($2.61 Mil).

Genesis Electronics Group's annual Total Liabilities increased from Dec. 2008 ($1.22 Mil) to Dec. 2009 ($1.45 Mil) but then declined from Dec. 2009 ($1.45 Mil) to Dec. 2010 ($1.28 Mil).

Genesis Electronics Group Total Liabilities Historical Data

* Premium members only.

The historical data trend for Genesis Electronics Group's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Genesis Electronics Group Total Liabilities Chart

Genesis Electronics Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Liabilities
Get a 7-Day Free Trial 0.19 0.27 1.22 1.45 1.28

Genesis Electronics Group Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Jun22 Jun23
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 1.28 1.35 0.00 2.61

Genesis Electronics Group Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Genesis Electronics Group's Total Liabilities for the fiscal year that ended in Dec. 2010 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1.277+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1.28

Total Liabilities=Total Assets (A: Dec. 2010 )-Total Equity (A: Dec. 2010 )
=0.394--0.883
=1.28

Genesis Electronics Group's Total Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=2.61+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=2.61

Total Liabilities=Total Assets (Q: Jun. 2023 )-Total Equity (Q: Jun. 2023 )
=4.044-1.434
=2.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $2.61 Mil mean?
Genesis Electronics Group (GEGI) has a Total Liabilities of $2.61 Mil as of Jun. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Genesis Electronics Group and its competitors.
Is Genesis Electronics Group's Total Liabilities too high?
Genesis Electronics Group's current Total Liabilities is $2.61 Mil.
How does Genesis Electronics Group's Total Liabilities compare to VLCN and TSLA?
Genesis Electronics Group's Total Liabilities of $2.61 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Vehicles & Parts company?
A good Total Liabilities depends on the Vehicles & Parts industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Genesis Electronics Group and its competitors. Genesis Electronics Group's current Total Liabilities is $2.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Electronics Group stock overvalued right now?
Genesis Electronics Group (GEGI) has a current Total Liabilities of $2.61 Mil. The current Total Liabilities is $2.61 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Genesis Electronics Group (GEGI), the current Total Liabilities is $2.61 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Genesis Electronics Group Business Description

Address 26 S Rio Grande St No.2072, Salt lake, UT, USA, 84101
Genesis Electronics Group Inc, through Its wholly-owned subsidiary Glid, is building the first of Its kind autonomous road-to-rail shipping vehicles called Gliders. Gliders will enable fully-loaded semi-trailers access to rails where traditionally it didn't make sense. Genesis Electronics Group plans on owning and operating each Glider in its fleet and providing a "Glider-as-a-Service" business model.